Ismaili.NET - Heritage F.I.E.L.D.

Launched in 1963 to reinforce private sector activity in industrial development in Asia and Africa, the Industrial Promotion (IPS) is an industrial development and venture capital institution. IPS companies exist in Bangladesh, Cote d'Ivoire, Kenya, Tanzania, Pakistan, Uganda and Zaire; in the developed world, there are now IPS joint ventures in small and medium-sized businesses in Canada and the United Kingdom. A focal point for these nine affiliates and a clearinghouse for technical information is provided by Industrial Promotion Services S.A. Switzerland. From its inception, IPS has worked to link strong local entrepreneurial talent to technical support, professional management, national and international development institutions and sources of private investment. Its national affiliates' knowledge of local conditions and rigorous management standards have made them attractive partners for foreign investors. Over sixty industrial projects have been launched through partnerships, including industrial packaging, metallurgy, tele-communications, leather tanneries and food processing. IPS's experience to date in the developing world has given it particular strength in several industrial sectors: agro-based products for export, metal products, plastics, printing and packaging, and textiles. Specific regional strengths have been achieved